Market & Industry
JAC Group boasts 41.57% YoY surge in Feb. 2023 sales
JAC Group boasts 41.57% YoY surge in Feb. 2023 sales

In the second month of 2023, JAC Group sold 49,688 vehicles in total, representing a 40.32% jump from the previous month and a 41.57% surge from the previous year, according to JAC Group’s announcement issued on March 7.

Mar. 7 , 2023
Geely Holding, TEDA to co-launch industrial fund for automotive business investment
Geely Holding, TEDA to co-launch industrial fund for automotive business investment

Zhejiang Geely Holding Group (“Geely Holding”) and local authorities of Tianjin Economic-Technological Development Area (“TEDA”) intend to jointly launch an industrial fund focusing on the investment in the automotive industry.

Mar. 7 , 2023
Geely Automobile sees monthly auto sales leap 39% YoY in Feb. 2023
Geely Automobile sees monthly auto sales leap 39% YoY in Feb. 2023

Geely Automobile Holdings Limited (“Geely Automobile”) announced on Monday its monthly sales reached 108,701 units in Feb. 2023, leaping around 39% from the previous year, while also rising 5% from the previous month.

Mar. 6 , 2023
FAW Group’s Hongqi sees mass-produced Hongqi H6 come off line
FAW Group’s Hongqi sees mass-produced Hongqi H6 come off line

FAW Group’s premium auto brand Hongqi saw the first mass-produced Hongqi H6s roll off the production line on March 2, according to a post on Hongqi’s WeChat account.

Mar. 6 , 2023
Autoliv, Chery to cement cooperation in vehicle safety field
Autoliv, Chery to cement cooperation in vehicle safety field

Autoliv, the world’s leader in vehicle safety systems, signed a strategic cooperation framework agreement with Chinese automaker Chery Automobile in early March to help the latter improve its global business layout.

Mar. 6 , 2023
Gasgoo Daily: Hongqi H6 sedan rolls off line
Gasgoo Daily: Hongqi H6 sedan rolls off line

​With Gasgoo Daily, we will offer daily important automotive news in China.

Mar. 3 , 2023